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PLDT Inc. (“PLDT”) (PSE: TEL) (NYSE:PHI) today announced that the Board approved the investment of P2.15 billion in Multisys Technologies Corporation (“Multisys”) for a 45.73% interest in the Philippine software development and IT solutions provider.

The investment will be done through PLDT’s wholly owned subsidiary, PLDT Global
Investments Holdings, Inc. (PGIH). The transaction is expected to be completed by next
month.

Founded by software programmer-entrepreneur David L. Almirol, Jr., Multisys has
developed over the past eight years a number of software platforms that can be used by
its pool of programmers to create highly scalable, flexible and customizable software
solutions as required by its clients.

These software platforms include those for payment gateways such as Bayad Center,
for utilities like power and water, for data center setup and connectivity, for big data
handling and analytics, and cyber security.

“This investment positions PLDT as a telecoms and digital services provider with core
software development capabilities,” said PLDT Chairman and CEO Manuel V.
Pangilinan. “With the software savvy of Multisys, PLDT will be able to offer more custommade
solutions to its customers and thus deepen its relationships with them.”

The specialized industry solutions of Multisys complement the suite of solutions of PLDT
Enterprise and ePLDT and can be further fortified by ePLDT’s managed infrastructure
and cyber security solutions.

Multisys can also strengthen the ongoing digital initiatives of ePLDT and Voyager
Innovations, particularly in the fields of electronic payments and digital financial services.
“Working with Multisys will enable us to step up our efforts to provide compelling digital
solutions to address the specific requirements of our Enterprise customers. This will
sharpen our competitive advantage and at the same time accelerate our digital
transformation,” said Ernesto R. Alberto, Chief Revenue Officer for the PLDT Group.